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Looking to diversify beyond IPOS? The ETFs below have the lowest correlation with IPOS — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from IPOS.

Best Diversifiers for IPOS

473 ETFs have low correlation with IPOS (below 0.3), 46 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.20, roughly unchanged from -0.16 over 5 years.


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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from IPOS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IPOS and solid risk/return profiles. The least correlated is Atmos Energy Corporation (ATO) (Utilities) with a 1Y correlation of 0.01, roughly unchanged from 0.11 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Atmos Energy Corporation0.010.070.11
64
Utilities

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Diversification Analysis

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